"Loanpad is an excellent IFISA/savings provider"

Loanpad is an excellent IFISA and normal savings provider. They give a good interest rate on my savings and have a choice of ISA and non-ISA accounts. I can choose a slightly lower return for fast access to my money or a higher return with a longer access time. I would recommend Loanpad as a reliable route to saving.

"Excellent site"

I have a modest investment, very happy with the site and great to have interest compounded

"Very easy to use and great return"

Very easy to use and great return

"Simple, solid investment platform"

I've been using Loanpad for nearly 2 years and the service (and performance) has been flawless. I find them to be professional and responsible, and their communications are informative and measured. I've not had need to talk to them, but they are not shy with their contact details either, which is a refreshing approach.

"Good company"

Good company, good loans, good return and safe.

"Nothing but Praise"

I have a good experience with the company and will continue to invest with them. I accept that this is a more risky investment. The company makes regular contact and I am very happy with the returns.

"Excellent"

Excellent. A simple offering that is the easiest to use, lowest maintenance and lowest risk of all the P2P lending sites. The money you invest is automatically spread across all the loans. The FCA warning (mandated for all P2P offerings) calling it "high risk" is ridiculous - the LTVs are typically low enough to make it very unlikely that any loan will lose money. Loanpad is also one of the few P2P companies that has never restricted withdrawals.

That said, here are the caveats... Low risk is not no risk. Your investment is not covered by the FSCS - unlike normal savings accounts. The interest rate is mostly a bit lower than other (slightly higher risk) P2P offerings. At the moment (mid-2024), it is also not much (1 - 1.5%) higher than 100% safe easy-access savings accounts. In the (in my view unlikely) event of Loanpad going out of business, you'd probably have to wait for the loans to pay back before getting your money back.

I've been investing with them for 5 years.

"Very organised"

Very organised, safer to invest, great interest rates.

"Easy to invest"

Easy to invest. Daily intrest.

"Reliable, good rates"

Other P2P investment platforms have closed, but Loanpad keeps going strong. It's simple and flexible, offers good rates, IFISAs, ... I have recommended it to friends.